Tag: May
Lardaro: R.I.’s economy strong in May
PROVIDENCE – Rhode Island’s economy appears to be moving out of first gear after experiencing a potential breakout in May, University of Rhode Island economist...
U.S. inflation cools again, potentially paving way for Fed to cut...
WASHINGTON (AP) – Inflation in the United States cooled in June for a third straight month, a sign that the worst price spike in...
Unemployment rate in Providence metro jumps to 4.3% in May
PROVIDENCE – The unadjusted unemployment rate in the Providence-Warwick metropolitan area was 4.3% in May, up from 3.7% in April and 2.7% in May...
CoreLogic: R.I. home price index up 9.8% year over year in...
PROVIDENCE – The Rhode Island home price index increased 9.8% year over year in May, higher than the national growth rate of 4.9%, according...
U.S. job openings rise to 8.1M despite higher interest rates
WASHINGTON (AP) – U.S. job openings rose slightly to 8.1 million in May despite the impact of higher interest rates intended to cool...
R.I., Conn. have highest May unemployment rates in New England
PROVIDENCE – Rhode Island and Connecticut have the highest unemployment rates in New England at 4.3% for May, above the national rate of 4%,...
R.I.’s median home price rises to $460K in May
WARWICK – The median price of single-family homes sold in Rhode Island continues to climb, rising 7.7% in May from a year earlier to...
U.S. home sales fall for the 3rd straight month in May
LOS ANGELES (AP) – Sales of previously occupied U.S. homes fell in May for the third straight month as rising mortgage rates and record-high prices discouraged...
R.I. monthly unemployment rises to 4.3% in May
CRANSTON – Rhode Island’s seasonally adjusted unemployment in May was 4.3%, two-tenths of a percentage point higher than the previous month, the R.I. Department...
Retail sales rise a meager 0.1% in May from April as...
NEW YORK (AP) – Consumers barely increased spending in May from April as still high inflation and high interest rates curbed spending.
Retail sales rose...